Self-custodial wallets, like MyEtherWallet (MEW), integrate Coinbase Pay to offer users complete control over their digital assets.
The cryptocurrency world evolves quickly, and having a self-custodial wallet that supports Ethereum and Layer 2 solutions is often the only way to participate in exciting new projects or access new tokens.
Coinbase Pay offers a wide selection of over 100 different cryptocurrencies that you can buy. It accepts more than 60 different traditional currencies and various payment methods, like debit cards and bank accounts.
If the user doesn’t have a Coinbase Pay account yet, the user can easily create one within the MEW wallet app and use it wherever Coinbase Pay is accepted.
In the world of cryptocurrencies, large centralized platforms like Coinbase provide important security and stability.
On the other hand, self-custodial wallets like MEW offer more flexibility and opportunities in the crypto space. They allow you to access decentralized applications (dApps), games, various tokens, non-fungible tokens (NFTs), and new crypto projects that emerge regularly.